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VCs have given Adam 'WeWork' Neumann new life with $1 B Value & No Product!



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 2 months ago '16        #1
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AfroBucks88  topics gone triple plat - Number 1 spot x5
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VCs have given Adam 'WeWork' Neumann new life with $1 B Value & No Product!
 

 
Disgraced WeWork founder, Adam Neumann is back with a new company that has received $350 million investment from a well known VC firm that invested in Slack, this has given Adam's new company $1 billion evaluation with out even launching its product to market image
is history about to repeat itself or will this company be what investors are hoping it will be?
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 2 months ago '04        #2
jholla31 
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This is a clear example of it's all about who you know.....

Israeli intelligence
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Top 10 most propped recently  2 months ago '22        #3
BreakkerSzn  topics gone triple plat - Number 1 spot x33
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 2 months ago '16        #4
00010111  topics gone triple plat - Number 1 spot x8
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 2 months ago '15        #5
Hellmatic 
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These silicon valley dudes network game is incredible. Even with a failure like we work they throwin money at his next sh*t. If you white or Asian in the tech/startup world and got a few connections you got it made

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 2 months ago '21        #6
Losantana16x4  topics gone triple plat - Number 1 spot x8
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 jholla31 said
This is a clear example of it's all about who you know.....

Israeli intelligence
Money laundering
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 2 months ago '20        #7
CopyCat 
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If I remember correctly him an Ashton Kutcher were real tight
I wonder what happened to that relationship
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 2 months ago '04        #8
nwking  topics gone triple plat - Number 1 spot x5
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 jholla31 said
This is a clear example of it's all about who you know.....

Israeli intelligence
You nailed it that's all that needs to be said ! 💯
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 2 months ago '04        #9
Cali 
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Let me sum this up : Corporate Raiding, funded by A16Z.


ex We-work owner finds new venture in Residential sector.

Liquidates property to get $69M and
uses it to create a RE portfolio worth $1B.

Assets complete

The Work:
1. He invests in this sector (alfred) - to know the layout and foundation
2. To put the knowledge to the test he buys a company in this sector (carson)
3. Packages his findings and results to approach funding (backer, A16z)

He pitches his new idea using his clout and experience in the commercial game.
To get backing he puts his $1B portfolio as collateral

Knowing the risks A16z issues 350M (350/1000 = 35%)

Analogy:
Lenders do this on a small scale giving home owners 20-50% of their equity thru hard money loans

corporations (amazon, google, meta) buyout companies and let other experts in that field manage them.

A16z is the Lender/corporation while Neumann is the homeowner/ expert
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 2 months ago '04        #10
Cali 
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 Hellmatic said
These silicon valley dudes network game is incredible. Even with a failure like we work they throwin money at his next sh*t. If you white or Asian in the tech/startup world and got a few connections you got it made

yea its who you know after:

1. have a track record
2. have collateral
3. do the work
4. have results

VC gamble and in this case they gave 350M knowing they'll obtain an RE portfolio currently worth $1B. Lets say they liquidate the port to obtain money within 3mo and get 50% thats 500M.

500/350 = 1.4 x

140% - 280% ROI
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 2 months ago '06        #11
realgunta  topics gone triple plat - Number 1 spot x5
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crazy
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 2 months ago '07        #12
iTzMe!  topics gone triple plat - Number 1 spot x3
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It’s not the company they’re investing in. It’s Adam.. the value he can create warrants an investment in a zero revenue generating business.

In other words.. that boy’s credit is A-1. No need to show proof. His previous business is enough.
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 1 month ago '18        #13
BrooklynDamien  topics gone triple plat - Number 1 spot x2
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 jholla31 said
This is a clear example of it's all about who you know.....

Israeli intelligence

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 1 month ago '20        #14
gangasanta 
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In our society we reward bad behaviour as long as its entertaining enough.
This dude a whole fraud.

He came out a multi- millionaire, had 2 tv shows and numerous documentaries made about him .

With what he did with we work he should be banned from ever being in the tech space for life. instead they give him a billion dollars.

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